Sterling Bancorp, Inc. (Southfield, MI) (SBT)

SBT Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	74.08	76.27	90.08	105.25	55.24	132.56
Revenue Growth (YoY)	-7.85%	-15.33%	-14.41%	90.55%	-58.33%	-4.57%
Gross Profit	74.08	76.27	90.08	105.25	55.24	132.56
Selling, General & Admin	46.26	47.25	45.22	39.23	40.9	39.72
Other Operating Expenses	17	18.46	52.43	32.99	33.21	47.95
Operating Expenses	63.27	65.71	97.65	72.22	74.11	87.67
Operating Income	10.82	10.56	-7.57	33.03	-18.88	44.89
Pretax Income	10.82	10.56	-7.57	33.03	-18.88	44.89
Income Tax	3.1	3.15	6.63	9.64	-5.91	15.64
Net Income	7.72	7.41	-14.19	23.39	-12.97	29.25
Net Income Growth	-	-	-	-	-	-53.92%
Shares Outstanding (Basic)	51	51	50	50	50	51
Shares Outstanding (Diluted)	51	51	50	50	50	51
Shares Change	0.79%	0.86%	0.41%	0.60%	-2.52%	-3.47%
EPS (Basic)	0.16	0.15	-0.28	0.47	-0.26	0.57
EPS (Diluted)	0.16	0.15	-0.28	0.47	-0.26	0.57
EPS Growth	-	-	-	-	-	-52.50%
Free Cash Flow	-25.61	-25.34	1.92	29.58	7.72	59.46
Free Cash Flow Per Share	-0.50	-0.50	0.04	0.59	0.15	1.16
Dividend Per Share	-	-	-	-	0.010	0.040
Dividend Growth	-	-	-	-	-75.00%	0%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	14.60%	13.85%	-8.40%	31.38%	-34.17%	33.86%
Profit Margin	10.42%	9.72%	-15.76%	22.22%	-23.48%	22.06%
Free Cash Flow Margin	-34.57%	-33.22%	2.13%	28.10%	13.98%	44.86%
Effective Tax Rate	28.65%	29.81%	-	29.19%	-	34.85%
EBITDA	12.07	11.89	-6.02	34.79	-17.27	46.51
EBITDA Margin	16.30%	15.59%	-6.69%	33.05%	-31.26%	35.09%
Depreciation & Amortization	1.26	1.33	1.54	1.75	1.61	1.62
EBIT	10.82	10.56	-7.57	33.03	-18.88	44.89
EBIT Margin	14.60%	13.85%	-8.40%	31.38%	-34.17%	33.86%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).